Account Payables Associate – SCD at Food Concepts Plc Full Time

Job Title: Account Payables Associate – SCD

Job ID: 1839
Location: Mushin, Lagos
Department: Shared Services Department
Reports to (Title): Internal Control Manager
Direct Reports to: Process Control Officer
Internal Contacts (most frequent contacts): Executive Management
External Contact: Service Providers/ Vendors & External and regulatory auditors

Job Purpose

• To process all invoices received for payment and for undertaking the payment of all creditors in an accurate, efficient and timely manner, within the Supply Chain Division.

Core Responsibilities and Key Result Areas
Financial Transactions:

• Process accounts and incoming invoices  in compliance with financial policies and procedures
• Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts  payable ’ data
• Reconcile the accounts payable ledger to ensure that all invoices are accounted for and properly posted.
• Verify discrepancies and resolve suppliers’ billing issues
• Facilitate payment of invoices due by sending  invoices to the payment officer(s)

Bookkeeping and Reporting:

• Generate financial statements and reports detailing accounts receivable status
• Post transactions to journals, ledgers and other records

Key Performance Indicators

• Number of invoices processes per day
• Average time per invoice processed
• Percentage of invoice exceptions
• Maintenance of good relationship with suppliers

Job Specifications

• A good first degree in Accounting or Finance.
• Membership of ICAN, ACCA, or any other related professional degree is and added advantage
• Minimum of  3-4 years’ experience in a similar role is required

Knowledge Requirements:

• Knowledge of Basic Bookkeeping and accounting payable principles
• Knowledge of managing accounting figures and financial records
• Demonstrates data entry skills with a knack for numbers
• Knowledge of accounting software

Decision Expectation:

• Facilitate payment of invoices due
• Generate financial statements and reports detailing accounts payable status
• Ensure timely entry of invoices for payment
• Support other accounting functions

Purpose of Contact:

• Exchange or provide information
• Obtain, clarify, and discuss information
• Present, discuss information and problems
• Collaborate, negotiate and present ideas
• Deal with, influence or motivate subordinates
• Promote, justify or settle highly sensitive matters.

Working Conditions:

• Jobholders typically work 40 hours per week, Monday to Friday, although some roles may involve weekend or evening work.
• This role is largely office-based, and requires the job holder to strongly pay attention to detail. Like other accounting positions, it involves a lot of papers and documents.
• Job role holder needs to have a well-organized system to match the right documents to the right files and payments.
• Additionally, prioritizing payments based on due dates, amounts and the relationship with the payee is important.

Application Closing Date
Not Specified.